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20121205
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CNBC
Dec 5, 2012 7:00pm EST
obama understands that and republicans don't. >> is that because in your polling day, i always thought that people favored spending reduction and favored smaller government. this may be a mistake that the gop has not emphasized spending cuts. >> they certainly do. most people -- two out of three people want to see a deal that includes both tax hikes and spending cuts. they want to see more spending cuts, but they don't expect spending cuts to come out of this no matter what happens. in fact, the one thing that most people in the middle class believe is that regardless of whether we go over the fiscal cliff or whether a deal is reached to avert that, middle class taxes are going up, and so is spending. so there's a lot of cynicism in this process. >> real quick -- >> that's why the president has the edge. >> bottom line, the republicans are poised to take a fall? is that what your numbers show you? >> they are poised to take a hit on this right now. longer term, tim pact will weigh on the obama administration if the economy doesn't recover. >> all right. many thanks, scott rasmussen, ap
CNBC
Dec 6, 2012 7:00pm EST
. quite interesting. now here's a political threat. is the republicans at risk of becoming the party of the rich while president obama and the democrats stake the claim as the party of the middle class? let's talk. we have cnbc contributor howard dean, former vermont governor and democratic presidential candidate. and we welcome back katie paveli pavelich, author and news editor for townhall.com. listen to this poll from the latest cnbc all american survey. listen to this. americans are split over who is more to blame, 21% blame obama and the democrats. 23% blame the gop. and 52% blame both sides equally. now, i think that 52% is because howard dean wants to tax everyone. howard, defend your position. you may be single handedly bailing out the republican party by wanting to tax the middle class and everybody else. >> i'm just telling the truth, larry. i think senator paul is a fine person but his economic theory is whack job stuff. the idea -- we've already had big tax cuts. that's why we have the deficit we have. the truth is, if you want to balance the budget, which i do, you have to
CNBC
Dec 7, 2012 7:00pm EST
tend to wonder whether or not republicans if they're willing to walk away from this and to have obama own it completely, if they'd be really ready to take on the messaging to make sure that they themselves will not take the blame. and this is something that they should really be willing to actually go out there and just take that messaging on. because remember, according to our constitution here, ordinarily it would be the house sets something up, set up a plan, and then the senate takes up their plan then they go into conference committee and they hash something out and get out all the bad stuff. and then it goes to the president. i tend to wonder why the idea of the conference committee here isn't really being considered. >> there's no time. you know that. this is going run down to the wire. i'm just saying, jimmy williams, there's so much division in the republican party. john boehner is trying to valiantly make a compromise. as he said today he's not getting anywhere at all, okay? mr. obama wants higher tax rates. he also wants more revenues from capping deductions. he wants no en
CNBC
Dec 10, 2012 7:00pm EST
speaker baner and barack obama are hashing out behind closed doors but more republicans are gravitating to the idea of compromising on a tax rate increase so long as they can get what they want for spending and entitlement cuts. listen. >> those rates are going up. we either act now to keep them from going up from as many people as possible or they will go up on everyone. that's a disaster. let's recognize reality, take care of as many people as we can. >> meanwhile, you're right. the president was in detroit where he continued his outside-inside game of running a campaign-style effort to jin up popular support for the fiscal cliff. because he was in michigan he took a whack at the proposed legislation -- the so-called right to work legislation. listen to the president. >> these so-called right to work laws don't have to do with economics. they have to do with politics. [ cheers ] they're really talking about giving you the right to work for less money. >> obviously a pro union crowd there. a lot of folks from the uaw there in detroit. but the president continuing the campaign-style eff
CNBC
Dec 12, 2012 7:00pm EST
dangled in front of republicans into what's going to be a very bad budget deal. >> i've heard this before and interviewed secretary the guy nerks the obama plan would take the corporate tax rate from 35% to 28%. is that in this bill? what's wrong with that? >> first of all, we don't have an actual proposal from the obama administration. again, i think this is just a little distraction, a bobble that they're dangling in front of the republicans. but if we got the rate down to 28%, it depends on how they're, quote, paying for it, unquote. and if they make our world wide tax system worse, if they force companies to declare investment expenses as taxable income, that's going to bias the system against new call tapital. there's all sorts of bad ways to finance it. on the other hand, if they're getting rid of the ethanol loophole and all that, it's good news. i don't trust the white house because their track record is so far to the left. >> you're not trusting them, i get that. what about this sort of conundrum. supposed they did drop the corporate tax rate from 35 to 28 and pay for it w
CNBC
Dec 4, 2012 7:00pm EST
about to blow up into a civil war. did president obama disspeaker john boehner in a comment today. >> on the conservative side of the republican party today. with senator demint speaking on the idea that $800 billion of tax increases were offered. but he got the backing of mitch mcconnel. take a listen to what he had to say. >> i think it sis important tha the house leadership is trying to mov move it forward. i had hoped that we would be accomplishing more in the real talks. but i can tell you, there is nothing going on privately that is not going on publicly. even as he has to deal with this rebellion. he has to deal with democrats and harry reid's comments today give you a sense of where they are coming from. >> they have to come up with specific revenue. and they refuse to do that. it is a simple question of arithmetic. you can't get from here to there unless you raise the rates. so as you know in washington, a rebellion in the ranks like this could be a problem. but in the spohort-term, if it remains constrained. it could be a good negotiating term. he could say i have offere
Search Results 0 to 5 of about 6